Maybe I can clear up some confusion. Your $1,000 is not paid out to depositors. The interest it derives from being held on Anchor is paid in dividends to depositors who provide the money you borrowed. Your 1,000 UST will always be there to withdraw. And for protections: Maybe you didn’t read my whole article as I mentioned it at the bottom. “The FDIC does not insure Anchor Protocol. But insurance is something the protocol is working very diligently toward in the form of Ozone Protocol. In the near future, this insurance protocol will be announced as a protection to your assets.”

Recently celebrated 6 years of nomadism. On a mission to Financial Freedom. Get smarter in Travel & Personal Finance: https://linktr.ee/adam.cheshier